Business and Economy
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Bank Customers Association of Nigeria holds Summit in Lagos
Bank Customers Association of Nigeria, BCAN, held its 3rd Biennial Bank Customers Summit on Thursday, August 30, 2018. The theme…
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FAAC: Federation revenue declined by N107bn in July
By Racheal Ishaya Abuja, Aug. 30, 2018 Federal, states and local governments on Thursday shared N714.8 billion revenue generated in…
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MTN shares plunge 23% after Nigeria orders repatriation of $8.1bn
MTN Group shares plunged as much as 23 per cent to a nine year low on Thursday, a day after…
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CBN slams N5.87 billion sanctions on Standard Chartered, Stanbic IBTC, Citibank, Diamond; Writes MTN Bank
…Standard Chartered – N2.4 bn …Stanbic IBTC – N1.8 bn …Citibank – N1.2 bn …Diamond Bank –…
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Video: How British Prime Minister was received in Lagos
By Franklin Ohaegbu & Iyiola Pedro Lagos, Aug. 29, 2018 (NAN) British Prime Minister, Theresa May, was received at the…
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Nestle still committed to increasing sourcing of raw materials locally
By Itohan Abara-Laserian Lagos, Aug. 28, 2018 In its drive to ensure that Nigerians have wholesome nutritious meals, especially breakfast,…
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NIMASA Executive Director’s book on Maritime Assets for launch
A book titled: “Harnessing Nigeria’s Maritime Assets – Past, Present and Future,” authored by the Executive Director, Finance and Administration…
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Government encouraged by growth in non-oil sector – Udoma
Following the release Monday of the latest GDP Growth numbers by the National Bureau of Statistics (NBS),the Minister of Budget…
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Konga goes hot on Back to School promo
As part of efforts aimed at giving its loyal customers the best summer shopping experience, Konga, Nigeria’s leading e-commerce giant,…
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Ex-Gov. Peter Obi says Nigerian economy on life support
By Abujah Racheal Abuja, Aug 25, 2018(NAN) Former governor of Anambra, Mr Peter Obi, has said that Nigeria’s economy is…
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Nnamani cautions politicians against desperation
Former President of the Senate, Mr Ken Nnamani, has cautioned politicians in the country against desperation for position and relevance.…
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CBN unveils Guidelines for Long-term Credit to Agric, Manufacturing
The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector…
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MTN unveils mPulse for `tweens’ and teens
By Chiazo Ogbolu MTN Nigeria has unveiled its latest innovation, MTN mPulse, for `tweens’ and teens (ages 9 to 15).…
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Oil approximately $74 on report of U.S. inventory drop, Iran sanctions
Brent oil rose to approximately 74 dollars a barrel on Wednesday as an industry report showing a drop in U.S.…
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Financial inclusion: Diamond Bank disburses N1bn under SMEs scheme
By Lucy Nwachukwu Mr Uzoma Dozie, the Chief Executive Officer, Diamond Bank says the bank has disbursed more than one…
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SPDC progresses clean-up in Aghoro, Odimodi
The Shell Petroleum Development Company of Nigeria Limited (SPDC) says it has recovered over 95 percent of spilled oil from…
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NIMASA Floating Dockyard to save Nigeria N36bn annually – Dakuku Peterside …Facility to be operated on PPP model
The multimillion dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently…
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NNPC seeks clarification on proposed Petroleum Asset Management Company
By Yusuf Yunus The Nigerian National Petroleum Corporation (NNPC) on Thursday sought clarification on the funding structure of the proposed…
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Governor Ikpeazu’s MSME narrative By Godwin Adindu
Though he died unsung, Pa Ichiogu Ikpeazu, the great Umuobiakwa goldsmith, still lives on. Exceptional genes do not die.…
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Enugu Govt. seals off GTBank, Sterling Bank, Unity Bank, Heritage Bank, others, over non-payment of N200 m taxes
The Enugu State Board of Internal Revenue after obtaining Court Orders, on Tuesday carried out a distrainment exercise on four…
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Undergraduate wins Skye Bank’s N5million star prize in ‘Ref ‘n’ Win’ Promo
A 26-year old undergraduate, Damilola Rachel Ajayi has emerged the overall winner of N5 million star prize in the just-concluded…
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We are committed to repositioning NIMASA –Dakuku; Donates 1000 life jackets
The Director-General, of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has stressed that the Board and…
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We are customer-centric, says Fidelity Bank; Denies alleged assault by officials
Fidelity Bank Plc, one of the leading banks in Nigeria, has denied claims contained in a social media video post…
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Akwa Ibom’s Coconut Plantation and Refinery project is a white elephant
Host communities of St. Gabriel’s Coconut Plantation and Refinery project in Mkpat Enin Local Government Area of Akwa Ibom State…
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Igbogbo Community Welcomes First Commercial Bank Igbogbo Community celebrates town’s only bank branch
Nigeria’s leading commercial bank, Sterling Bank Plc, recently inaugurated a new branch amidst pomp and pageantry in Igbogbo LCDA of…
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